SAN FRANCISCO, Feb. 7, 2019 /PRNewswire/ — Twitter, Inc. (NYSE: TWTR) today announced financial results for its fourth quarter and fiscal year 2018.
Excluding the release of deferred tax asset valuation allowances of , we generated net income of , net margin of 12%, and diluted EPS of .
Non-GAAP net margin is calculated by dividing non-GAAP net income by revenue.
Twitter defines adjusted net income (loss) as net income (loss) excluding the net benefit from deferred tax asset valuation allowance release.
Adjusted diluted net income (loss) per share is calculated by dividing adjusted net income (loss) by non-GAAP share count.